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Swire Shipping joins Achilles’ Maritime Network to reduce emissions with supply chain transparency

Swire Shipping has joined the Achilles Maritime Network to improve supply chain transparency and bring procurement practices in line with emissions reduction goals. The...

US rejects IMO Net-Zero Framework and warns of retaliation

The United States has rejected the International Maritime Organization’s (IMO) flagship Net-Zero Framework and threatened retaliatory measures against countries that back it. This decision...

KKR-backed Ocean Yield expands LNG fleet with CapeOmega purchase

Norwegian shipowner Ocean Yield and co-investor KKR have agreed to acquire CapeOmega Gas Transportation from Partners Group. The transaction is expected to close later...

CBH, Norden and Oldendorff partner on biofuel insetting pilot scheme

Australia’s largest grain exporter, CBH Group, has completed a pilot programme using waste-based biofuels to ship Western Australian grain to Europe, in a move...

DNV and RSI report finds Swedish short sea fleet faces decarbonisation gap

Swedish dry bulk cargo owners risk falling behind in their climate ambitions unless policymakers create targeted incentives to replace the ageing fleet of smaller...

Grimaldi adds second ammonia-ready car carrier to fleet

The 9,000-car capacity carrier, Grande Tianjin, was named and handed over on 8 August in Shanghai in a ceremony that also marked the delivery...

GCMD and INTERCARGO partner on dry bulk decarbonisation, targeting biofuels and OCCS

The Global Centre for Maritime Decarbonisation (GCMD) and the International Association of Dry Cargo Shipowners (INTERCARGO) have launched a two-year coalition partnership to accelerate...

UK Gov backs ammonia engine retrofit project with CMDC6 funding

The UK Government has awarded funding to an ammonia-powered engine retrofit project, led by engine technology start-up Carnot and supported by Mitsui O.S.K. Lines...

Seatrium signs Solvang CCS retrofit deal amid record earnings

Singapore's Seatrium has signed a Letter of Intent with Solvang ASA to retrofit carbon capture systems across the Norwegian shipowner's fleet of gas carriers. The...

California clears STAX Engineering’s barge-based CCS system for tanker vessels

The California Air Resources Board (CARB) has issued an executive order authorising STAX Engineering to extend its barge-based emissions capture technology to tanker vessels...

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